Kraken Shatters Wall Street Hours: Tokenized U.S. Stocks Go Live with 24/5 Trading on xStocks

Wall Street's 9-to-5 just got obsoleted—Kraken's xStacks now lets you trade tokenized equities while hedge funds sleep.

Round-the-clock exposure to big tech names—without the NYSE's closing bell drama. Because nothing says 'financial revolution' like trading Apple shares at 3 AM.

Traditionalists will grumble about 'market integrity.' Meanwhile, crypto natives are front-running their boomer brokers—with lower fees and zero PDT rules.

One cynical footnote: Finally, a way to lose money on Tesla stock during weekends too.

xStocks don’t confer dividends

Probably the biggest limitation is that xStock tokens don’t confer important shareholder rights. For one, traders can’t vote in shareholder meetings. An even bigger limitation is the lack of access to dividends, which are an important part of returns for some stocks.

For this reason, xStocks are best used for high-growth stocks like Tesla and Nvidia. These stocks typically don’t pay dividends anyway, as they reinvest profits back into operations. Notably, most stocks on the xStocks platform fall into that category.

Tokenized stocks are part of a growing trend of putting real-world assets on the chain. The total value of RWAs, including stocks, real estate, debt, and other assets, hit $50 billion by March of 2025. What is more, experts project this asset class to hit $2 trillion by 2030.